[Code of Federal Regulations]
[Title 26, Volume 13]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR]

[Page 411-412]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
Procedure and Administration--Table of Contents
 
Sec.  1.6074-2  Time for filing declarations by corporations in case 
of a short taxable year.

    (a) Taxable years beginning on or before December 31, 1963--(1) In 
general. In the case of a short taxable year of 9 months or more 
beginning on or before December 31, 1963, where the requirements of 
section 6016(a) are met before the 1st day of the 9th month of the short 
taxable year, the declaration shall be filed on or before the 15th day 
of the 9th month of such short year. In the case of a short taxable year 
of more than 9 months, where the requirements of section 6016(a) are 
first met after the last day of the 8th month, but before the 1st day of 
the last month of the short taxable year, the declaration shall be filed 
on or before the 15th day of the last month of such short year. See 
Sec.  1.6016-4, relating to the requirement of a declaration in the case 
of a short taxable year, and paragraph (a) of Sec.  1.6154-2, relating 
to the time for payment of the estimated tax in case of a short taxable 
year.

[[Page 412]]

    (2) Example. The application of the provisions of this paragraph may 
be illustrated by the following example:

    Example. A corporation which changes from a calendar year basis to a 
fiscal year basis beginning November 1, 1960, will have a short taxable 
year beginning January 1, 1960, and ending October 31, 1960. If the 
requirements of section 6016(a) are met before September 1, 1960 (the 
1st day of the 9th month), the corporation is required to file its 
declaration on or before September 15, 1960 (the 15th day of the 9th 
month). However, if the requirements of section 6016(a) are first met 
after August 31, 1960 (the last day of the 8th month), but before 
October 1, 1960 (the 1st day of the last month of the short year), the 
corporation is required to file its declaration on or before October 15, 
1960 (the 15th day of the last month of the short year).

    (b) Taxable years beginning after December 31, 1963--(1) In general. 
In the case of a short taxable year of 4 or more months which begins 
after December 31, 1963, the declaration shall be filed on or before the 
applicable date specified in paragraph (b) of Sec.  1.6074-1, except 
that in the case of a short taxable year ending after November 30, 1964, 
the declaration shall be filed on or before the 15th day of the last 
month of the short taxable year if the requirements of section 6016(a) 
are first met before the first day of such last month and the date 
specified in such paragraph (b) as applicable is not within the short 
taxable year. See Sec.  1.6016-4, relating to the requirement of a 
declaration in the case of a short taxable year, and paragraph (b) of 
Sec.  1.6154-2, relating to the time for payment of the estimated tax in 
case of a short taxable year.
    (2) Examples. The application of the provisions of this paragraph 
may be illustrated by the following examples:

    Example (1). A corporation filing on a calendar year basis which 
changes to a fiscal year beginning September 1, 1965, will have a short 
taxable year beginning January 1, 1965, and ending August 31, 1965. If 
the requirements of section 6016(a) are met before April 1, 1965 (the 
1st day of the 4th month), the declaration of estimated tax must be 
filed on or before April 15, 1965 (the 15th day of the 4th month).
    Example (2). If, in the first example, the corporation first meets 
the requirements of section 6016(a) during July 1965, then the 
requirements of section 6016(a) were met before the first day of the 
last month of the short taxable year, and a declaration of estimated tax 
is required to be filed on or before August 15, 1965, for the short 
taxable year. However, if the corporation does not meet the requirements 
of section 6016(a) until August 1, 1965, then the requirements of 
section 6016(a) were not met before the first day of the last month of 
the short taxable year, and no declaration of estimated tax is required 
to be filed for the short taxable year.

    (c) Amendment of declaration--(1) Taxable years beginning on or 
before December 31, 1963. Where a declaration of estimated tax for a 
short taxable year of more than 9 months beginning on or before December 
31, 1963, is filed before the 15th day of the last month of the short 
taxable year, an amended declaration may be filed any time on or before 
such 15th day.
    (2) Taxable years beginning after December 31, 1963. Where a 
declaration of estimated tax for a short taxable year beginning after 
December 31, 1963, has been filed, an amended declaration may be filed 
during any interval between installment dates. However, no amended 
declaration for a short taxable year may be filed until after the 
installment date on or before which the original declaration was filed 
and only one amended declaration may be filed during each interval 
between installment dates. For purposes of this subparagraph the term 
``installment date'' includes the 15th day of the last month of a short 
taxable year if such 15th day does not fall on a prescribed installment 
date.

[T.D. 6768, 29 FR 14923, Nov. 4, 1964]